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June Gains for Private Residential Spending

By August 2, 2021Housing
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in June to a seasonally adjusted annual rate of $763.4 billion. Total private residential construction spending was 29.3% higher than a year ago. The monthly gains are attributed to the strong growth of spending on single-family construction and improvements. Single-family construction spending rose to… Read More ›